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Africa’s fastest growing economies

Published 8:19 AM EDT, Thu April 19, 2018
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A view of the capital of Ethiopia, Addis Ababa. The country has experienced fast economic growth in the last decade, averaging around 10% a year. Economists cite the country's manufacturing industry as a key element in the country's success.
Ethiopia —
A view of the capital of Ethiopia, Addis Ababa. The country has experienced fast economic growth in the last decade, averaging around 10% a year. Economists cite the country's manufacturing industry as a key element in the country's success.
Shutterstock
According to the IMF, Ivory Coast's economy is expected to grow by 7.4%. According to the <a href="index.php?page=&url=http%3A%2F%2Fwww.worldbank.org%2Fen%2Fcountry%2Fcotedivoire" target="_blank" target="_blank">World Bank</a>, the country is world's top exporter of cocoa and raw cashew nuts.
Ivory Coast —
According to the IMF, Ivory Coast's economy is expected to grow by 7.4%. According to the World Bank, the country is world's top exporter of cocoa and raw cashew nuts.
ISSOUF SANOGO/AFP/AFP/Getty Images
The small and landlocked country Rwanda is predicted to grow by 7.2%. The aim of their "Vision 2020" plan is to transform the country into a service and knowledge-based economy.
Rwanda —
The small and landlocked country Rwanda is predicted to grow by 7.2%. The aim of their "Vision 2020" plan is to transform the country into a service and knowledge-based economy.
PHIL MOORE/AFP/Getty Images/File
Senegal's economy is based on fishing, mining and agriculture. Its economy is expected to expand by 7% in 2018.
Senegal —
Senegal's economy is based on fishing, mining and agriculture. Its economy is expected to expand by 7% in 2018.
SEYLLOU DIALLO/AFP/AFP/Getty Images
The East African nation is predicted to grow by 6.4% this year. The country has sustained strong economic growth in the last decade, averaging between 6 to 7% according to the <a href="index.php?page=&url=http%3A%2F%2Fwww.worldbank.org%2Fen%2Fcountry%2Ftanzania%2Foverview" target="_blank" target="_blank">World Bank</a>.
Tanzania —
The East African nation is predicted to grow by 6.4% this year. The country has sustained strong economic growth in the last decade, averaging between 6 to 7% according to the World Bank.
Shutterstock
Ghana was previously the fastest growing economy in Sub-Saharan Africa, but has slowed. Although, a sharp increase in oil production has helped support economic growth in the country.
Ghana —
Ghana was previously the fastest growing economy in Sub-Saharan Africa, but has slowed. Although, a sharp increase in oil production has helped support economic growth in the country.
JOE KLAMAR/AFP/Getty Images
The West African country, Benin, is expected to have economic growth of around 6%.
Benin —
The West African country, Benin, is expected to have economic growth of around 6%.
STEFAN HEUNIS/AFP/AFP/Getty Images
The landlocked West African country is also expected to experience economic growth of 6% this year.
Burkina Faso —
The landlocked West African country is also expected to experience economic growth of 6% this year.
LUDOVIC MARIN/AFP/AFP/Getty Images

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